I first got into numismatics with this idea that coins could be an investment. I quickly lost that view and then bought coins for the pleasure of it, enjoying holding them, imagining the history of who had used them etc. I have made a decent sum from trading recent decimals, but only through constantly scouring eBay, reading the mintage figures released by the RM and following trends and identifying possible future growth coins has that been possible.
Coins like gold will never produce anything, they’ll never pay a dividend and are driven by fashion in terms of the price they will yield, so any investment is purely a punt that there’s someone who will pay more for the coin than you did in the future and is therefore not an investment but speculation.
Like stuntman, my investment monies go on accumulation passive trackers and growth shares (buy Bango BGO!) There will be a downturn, but I’ll still get my divis/ greater buying opportunities.